Budgeting and Planning

Budgeting is the first step in implementing effective financial planning. Organisations that create and follow an effective budget can make effective decisions and are more likely to achieve their strategic objectives. There are several ways to prepare and manage a budget, so how does a company determine the most appropriate budget for them?

This two day course will provide participants with the techniques and best practices for preparing and managing budgets effectively. Participants will cover the areas of planning, forecasting, cost management, and management decision making based on budgets.

What will I learn?

This course will help you:

• Understand the budgeting and planning process and how it translates into annual budgets
• Discover principles, approaches and techniques of budgeting
• Optimize planning of resources to achieve budgeted targets
• Gain insight into recent developments in the budgeting and planning process

Target Audience

This course is suitable for directors, managers or anyone who uses financial information in the course of their work. The course is particularly suitable for managers and heads of any department who want to improve their budget preparation and management skills.